technical analysis and trade signal for $ME /USDT with three target levels and momentum:

Current Price: $3.508

24h Price Change: +15.89%

Support Levels:

First Support: $3.027 (24h Low)

Second Support: $3.200

Resistance Levels:

First Resistance: $3.597 (24h High)

Second Resistance: $3.700

Trend Analysis:

Short-Term Momentum: Bullish, as the price is moving upward, showing a positive change of +1.01% in the last hour and +15.89% in the past 24 hours.

RSI (Relative Strength Index): Currently likely above 50, indicating a bullish trend, but it's important to watch for overbought conditions if RSI approaches 70.

Volume: Strong buying pressure is seen with 42.26M USDT in volume, confirming the momentum.

Trade Signal:

Entry Point: Buy around $3.50 (current price) or on any slight dip towards $3.40 (pullback potential).

Target Levels (T1, T2, T3):

T1 (Target 1): $3.70 (near resistance)

T2 (Target 2): $3.85 (next resistance zone)

T3 (Target 3): $4.00 (psychological resistance level)

Stop Loss: Set at $3.20 to protect against downside risk.

Trade Momentum:

Bullish: Given the strong upward momentum and positive change, the trade signal is to buy on any minor pullbacks, aiming for higher targets as the price reaches resistance levels.

Trade Caution: Watch out for any bearish reversal signals, such as a drop below $3.20, which would suggest weakening bullish momentum.

Conclusion:

Buy Signal: Look for buying opportunities near $3.50 with potential targets at $3.70, $3.85, and $4.00.

Risk Management: Set a stop loss at $3.20 to minimize losses if the market reverses.

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